Today : Tuesday - Sep 02, 2014, 02:42am (GMT+5.5)
All News  
Top News
National News
International News
Business News
Sports News
   » Cricket
   » Football
Entertainment News
Sci - Tech
Politics News
Health & Fitness
Education
Travel
Lifestyle
Gulf News
Featured
 
::| Latest News
News in Pictures

Seemingly unfazed at being ousted from the Asian Athletics Association, scam-tainted Suresh Kalmadi on Monday said losing the presidential re-election bid to Qatar’s Dahlan Jumaan Al-Hamad has actually given him a chance to work at the “grassroots” level.
“I have no issues today and I congratulate Mr Al-Hamad for being elected as President. I am rather relieved that I will be able to work at the grassroots level in athletics,” Mr. Kalmadi said after losing the vote during the ongoing AAA Congress in Pune.

National News
 

India, Bangladesh to improve trade facilities along border

Tuesday - May 08, 2012, 11:12am (GMT+5.5)
[+] Text [-]

Agartala - Officials of India and Bangladesh will undertake a joint study next month to examine the infrastructure for trade and business along the border and also suggest measures to boost cross-border trade, Tripura's Commerce and Industries Minister Jitendra Chaudhury said Monday.

"Senior officials of external affairs, commerce ministries and customs of two countries will begin their joint study June 9 to examine the infrastructure along both sides of the Indo-Bangla borders," Chaudhury told reporters here.

He said: "The official teams of both countries would also see the locations for proposed 'border haats'. They would also suggest the measures for improving and expanding border infrastructure, including roads."

The team will also visit Customs stations along Tripura's border with Bangladesh, which shares 856 km border with the northeastern state.

The state had last year sent proposals to the central government for setting up border haats in seven bordering areas, but the two countries recently approved four such trading markets after mutual consultation.

The proposed haats would be set up at Raghna and Kamalpur in northern Tripura, Kasba in western Tripura and Srinagar in southern Tripura.

"If the existing border infrastructure is upgraded, the volume of trade and business between Bangladesh and northeastern states of India would be increased five to six times of the current level," Chaudhury said.

"The border haats would be allowed to sell local agricultural and horticultural products, spices, minor forest products (excluding timber), fresh and dry fish, dairy and poultry products, cottage industry items, wooden furniture, handloom and handicraft items," a senior Tripura government official told IANS.

He said that trading in these bazaars would be held once or twice a week, and a spending cap of $50 will be imposed per head. No local tax will be imposed on the trading. Both Indian and Bangladeshi currencies will be accepted, the official said.

"Trade between Bangladesh and Tripura alone has increased from Rs.4 crore in 1996 to Rs.258 crore in the last financial year. During the current fiscal (2011-12) up to December (last year) the trade further increased to Rs.232 crore and is expected to cross Rs.300 crore by March-end," he added.





|

Rating (Votes: )   

blog comments powered by Disqus

Other Articles:
CPI-M not involved in former leader's murder: Achuthanandan (8th May, 2012)
CPI-M attacks Hillary's Kolkata visit (8th May, 2012)
Man holds wife, in-laws hostage for not paying dowry (8th May, 2012)
Police constable shot dead by colleague (8th May, 2012)
Airtel unveils 4G service in Bangalore (8th May, 2012)
Former BSP minister's supporters threaten UP Lokayukta (8th May, 2012)
Apex court notice to government on SIMI ban (8th May, 2012)
Probe ordered against Punjab jail official (8th May, 2012)
Congress extended favours to Jaiprakash Associates: Dhumal (8th May, 2012)
Congress, BJP mum on presidential race (8th May, 2012)
Pakistan needs to take steps that India, US asking: Hillary (8th May, 2012)
U.S. pursuing double-standard in fight against terror, alleges D. Raja (7th May, 2012)
Sonia Gandhi evaluates Rajya Sabha win from Jharkhand (7th May, 2012)
Iran hopes to improve bilateral trade with India despite U.S. opposition (7th May, 2012)
Zakia Jafri gets SIT report on Gulberg Society massacre (7th May, 2012)
Hillary Clinton arrives in Delhi, to meet PM, Sonia (7th May, 2012)
Anand Sharma defends Patil taking kin along on foreign trip (7th May, 2012)
GDA issues notices to banks in residential areas (7th May, 2012)
'SIT report has dealt with Ramachandran's contention' (7th May, 2012)
Apex court reserves order on suit against Balakrishnan (7th May, 2012)
FICCI calls for radical policy reforms in energy sector (7th May, 2012)
Government rolls back TDS on property sales (7th May, 2012)
Brett Lee launches music therapy school in Delhi (7th May, 2012)
Rajasthan BJP crisis: Raje supporters want her as state chief (7th May, 2012)
BJP to move privilege notice against Azad (7th May, 2012)




Contact Us | Advertise with Us | Privacy Policy | Disclaimer | Terms of Use